12.5% ICT sector contribution to GDP

Daily News Egypt
1 Min Read
The Ministry of Communications launched a tender for technological infrastructure hosting services based on virtual servers, in a bid to make government services faster and cheaper.

The growth rate of the Information and Communications Technology sector in FY 2016/2017 is among the highest rates among macroeconomic sectors.

The contribution of the ICT sector to GDP was high, at 12.5%, in FY 2016/2017, increasing from 8.3% in FY 2015/2016.

The gross domestic product (GDP) of the ICT sector increased from EGP 57bn in FY 2015/2016 to EGP 64bn in FY 2016/2017.

The number of mobile users in Egypt increased from 100.7 million in November to 101.3 million in December, marking a growth of 0.6%.

Meanwhile, the internet market saw 6.4 million new users in the same period, growing from 34.9 million in November to 41.3 million in December.

The growth in mobile internet users contributed to the increase in total number of internet users, as mobile internet users increased by 23.3%.

The user base of mobile internet increased from 26.6 million in November to 32.8 million in December 2017.

In addition, USB modem users increased slightly from 3.2 million in November to 3.3 million in December.

Similarly, ADSL users also increased by 1.7% in December, rising from 5.1 million in November to 5.2 million in December.

Share This Article
Leave a comment